Jerome Powell

Trump tells GOP lawmakers he will likely fire Powell …

Top Jerome Powell Headlines

Fed again hikes interest rates by 0.75 points

Fed signals interest rate hike as soon as March to cool …

Federal Reserve Board Chairman Jerome Powell listens during his re-nominations hearing before the Senate Banking, Housing and Urban Affairs Committee, Tuesday, Jan. 11, 2022, on Capitol Hill in Washington. (Brendan Smialowski/Pool via AP)

Powell: Fed may accelerate pullback in economic support …

Federal Reserve Chairman Jerome Powell speaks during an event in the South Court Auditorium on the White House complex in Washington, on Nov. 22, 2021. Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring. He also says it raises uncertainty about inflation. Powell says in remarks to be delivered to the Senate Banking Committee Tuesday that he recent increase in coronavirus cases and the emergence of the omicron variant pose downside risks to employment and economic activity and increased uncertainty for inflation. (AP Photo/Susan Walsh, File)

President Biden nominating Jerome Powell for 2nd term …

In this Sept. 30, 2021, file photo, Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing on Capitol Hill in Washington. Powell says the tangled supply chains and shortages that have bedeviled the U.S. economy since this summer have gotten worse and will likely keep inflation elevated well into next year. (Sarah Silbiger/Pool Photo via AP, File)

U.S. inflation likely to stay elevated for months before …

Federal Reserve Board chairman Jerome Powell testifies on the Federal Reserve's response to the coronavirus pandemic during a House Oversight and Reform Select Subcommittee on the Coronavirus hearing on Capitol Hill in Washington, in this Tuesday, June 22, 2021, file photo. Federal Reserve Chair Jerome Powell said that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price gains have been larger and more persistent than many economists forecast. In written testimony to be delivered Wednesday, July 14, at noon before the House Financial Services Committee, Powell reiterated his long-held view that the high inflation readings of the past several months have largely been driven by temporary factors, such as supply shortages and surging demand as pandemic-related business restrictions ease.(Graeme Jennings/Pool via AP, File)

Public should understand risks of Bitcoin and crypto currencies, …

In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. (AP Photo/Susan Walsh, Pool, File)

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With economic recovery incomplete, higher inflation …

In this Dec. 1, 2020 file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country. They noted that the economy's outlook is heavily dependent on the course of the virus. (Al Drago/The New York Times via AP, Pool)

Federal Reserve weighs further options for aiding …

This Feb. 5, 2018, file photo shows the seal of the Board of Governors of the United States Federal Reserve System in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. (Andrew Harnik/AP Photo)

Spike in coronavirus cases threatens U.S. economy, …

Pedestrians walk by the closed Gold Dust Lounge on Aug. 13, 2020 in San Francisco. (Justin Sullivan/Getty Images)

For Biden, how to help mangled economy is next obstacle

In this Oct. 6, 2020, file photo, city worker Randy Greice, foreground, unloads a pallet of food at a food distribution event in Opa-locka, Fla. President-elect Joe Biden will inherit a mangled U.S. economy, one that never fully healed from the coronavirus and could suffer again as new infections are climbing. The once robust recovery has shown signs of gasping after federal aid lapsed. Ten million remain jobless and more layoffs are becoming permanent. The Federal Reserve found that factory output dropped. (AP Photo/Wilfredo Lee, File)

Lack of further stimulus imperils economic recovery, …

In this file photo, a woman looks at signs at a store closed due to COVID-19 in Niles, Ill., Wednesday, May 13, 2020. (AP Photo/Nam Y. Huh)

U.S. Federal Reserve commits to maintaining stimulus …

Federal Reserve Board Chairman Jerome Powell testifies during a hearing on "The Semiannual Monetary Policy Report to the Congress," in front of the Senate Banking, Housing and Urban Affairs Committee in the Dirksen Senate Office Building on Feb. 12, 2020 in Washington, DC. (Sarah Silbiger/Getty Images via CNN)

Fed chair, treasury secretary push differing priorities …

A pedestrian walks by closed stores on May 15, 2020 in San Francisco. (Justin Sullivan/Getty Images)